Ecosystem Investment Partners (EIP), a real asset private equity firm, has announced the closing of its latest fund, Ecosystem Investment Partners V, L.P., which has attracted over $400 million in capital commitments.
This marks another significant milestone in the firm’s ongoing strategy, consistent with prior funds, aimed at investing in large-scale projects focused on restoring and preserving wetlands, streams, water quality, biodiversity, and habitats throughout the United States.
Since its establishment in 2006, EIP has raised nearly $1.5 billion in total capital. This places the firm among the largest investment managers with specialized expertise in the environmental restoration sector. EIP has built a reputation for its extensive track record in investing within the natural capital market, providing a solid foundation for its ongoing and future endeavors.
The fundraising for EIP V has garnered considerable interest and support from a diverse range of existing and new limited partners across North America and Europe. These partners include public and corporate pension funds, endowments, family offices, and various institutional investors.
EIP V has already begun demonstrating significant momentum, having deployed over $125 million across nine diversified portfolio investments in states such as Florida, Kentucky, Wisconsin, South Carolina, Pennsylvania, California, and Louisiana. These investments include both the development of new greenfield mitigation banks and the acquisition of existing asset portfolios. Collectively, these efforts aim to restore and conserve over 8,000 acres of wetlands and wildlife habitats, as well as 23 miles of streams. This active deal flow showcases the firm’s robust execution capabilities and its commitment to making a meaningful environmental impact.
Established with a clear focus on ecological restoration and conservation, EIP aims to address the increasing demand for environmental offsets that mitigate the effects of unavoidable impacts on wetlands, streams, water quality, and other critical natural resources. This demand arises from various infrastructure, commercial, industrial, and residential developments.
EIP possesses a track record spanning two decades of effective collaboration with an extensive network of public and private entities. This includes partnerships with natural resource agencies, domain experts, conservation organizations, and local stakeholders. Such collaborations provide EIP with unique market access and high-quality investment opportunities, benefiting both the firm and its limited partners. EIP’s experienced team is equipped to systematically identify opportunities in some of the most active and diverse markets while also providing the operational expertise essential for achieving successful ecological restoration and stewardship outcomes throughout the U.S.
Support: Monument Group served as global placement agent on the fundraise. Choate Hall & Stewart LLP provided fund formation counsel.
KEY QUOTE:
“EIP has established itself as the institutional leader in a compelling and expanding market that we believe has uniquely delivered both strong financial returns and positive environmental impact. The successful close of EIP V — achieved despite a highly challenging fundraising environment for natural resources-focused strategies—underscores investors’ confidence in the firm’s experienced and tenured team, differentiated approach, and long track record of generating attractive, uncorrelated returns. We are proud to have once again supported EIP and look forward to their continued success.”
Ryan Mueller, Partner at Monument Group
“We are pleased to announce the close of EIP V and grateful for the trust and confidence of our limited partners. The strong support from new and returning investors, including particularly significant demand from Europe, reflects increased global recognition of the growing opportunity set and the attractive and uncorrelated returns of investing in nature-based solutions. This backing enables us to continue our efforts to deliver compelling results for our limited partners while driving tangible, large-scale environmental outcomes across the U.S.”
Nick Dilks, Co-Founder and Managing Partner at EIP
